which forex company better and which bank u all using for the payment and withdrawal mind to teach me? thanks

If you don't mind to read this thread

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Added on July 30, 2009, 10:53 amThank You

This post has been edited by bulkbiz: Jul 30 2009, 10:53 AM

don't PM me, just read here about EA to develop your own strategies scientifically and back test as much as you want ...

[quote=bulkbiz,Jul 30 2009, 10:52 AM]
If you don't mind to read this thread

get it thanks.. i only got around USD$500 can open account on alpari uk or ibfx?

yes u can do it in alpari uk.. im applying it now.. =)

ibfx im not sure..

[quote=dkangz,Jul 30 2009, 04:28 PM]
[quote=bulkbiz,Jul 30 2009, 10:52 AM]
If you don't mind to read this thread

get it thanks.. i only got around USD$500 can open account on alpari uk or ibfx?

[/quote]

If you only got USD500, i suggest you open account with IBFX, coz it provide nano lot size which is $0.01/pip while Alpari UK only $0.1/pip. If you're not a risk taker, i suggest you IBFX.

Alpari also got nano (or Micro) also....so either is same, it depends on your choices

No, it is not same, Alpari smallest lot offer is $0.1/pip (Micro), IBFX smallest lot is $0.01/pip (Nano). Pls try out the demo then you'll know.

No la, Micro in this industry is standard 0.01 Lot which = $0.10 per pip, you can try ask alpari again....Maybe you got the classic account la

Yes, you're right, in Alpari micro account 0.01 lot = $0.10 per pip but do you know in IBFX 0.01 lot = $0.01 per pip? You go to test out the demo then come back to tell me again. If i was wrong, tomorrow i gonna withdraw all my funds and close my alpari & ibfx account.

This post has been edited by rstusa: Jul 30 2009, 07:33 PM

Checked out this IBFX indeed you are right, have Nano....do anyone actually open such account? Cause micro is already...i could say small enough...

Actually you open micro account with ibfx, you're trading 3 types of lot size which is 1 lot = Mini, 0.1 lot = Micro and 0.01 lot = Nano. If nobody want to trade nano, ibfx doesn't need to offer such small size of lot to it customers.

Or its something they do just to stand out of the crowd....thats what many broker does...

I'm not sure, but i know for NFA broker, only IBFX & OANDA provide nano lot size.

Oanda lets you trade any dollar amount, you can trade as little as $1.

thanks for all the help ^^ found all!!

This post has been edited by dkangz: Jul 31 2009, 12:31 AM

check gdp US news tonite at 8.30pm..its the 2nd quarter..do analyze it compare with the 1st quarter which is released on the last 25th of june ..

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Added on July 31, 2009, 9:26 amwhich forex company better? of coz interbankfx without having any doubt! hehe cheers!

This post has been edited by rayzs: Jul 31 2009, 09:26 AM

One newbie question about FX:

Once I do a spot buy or sell, how much time do I have until I need to close that position? I mean, is there an equivalent of like T+3 like in stocks?

Spot FX has no expiry date, you can hold it as long as you want.

But ofcourse with swap rates (interest, very small amount only)